Coal will remain to be the country’s main source of base – load energy come the next twenty years, an AC Energy Holdings Inc. official said. “We won’t veer away from coal,”...
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The National Grid Corp. of the Philippines (NGCP) is looking to recover as much as P15.6 million from consumers in Luzon and Mindanao following the damage to its assets. The NGCP filed...
Department of Energy (DOE) Secretary Alfonson Cusi has ordered involved agencies to monitor the status of areas affected by typhoons Karen and Lawin and to immediately restore power facilities. The DOE, National...
Further evaluation must be done before the spot market’s shift to an independent market operator (IMO), even as the law requires it, Senator Sherwin Gatchalian said. “I think there’s no sense of...
AC Energy Holdings Inc. is looking to double their contributions to the power sector to about P80 billion by expanding existing assets, acquisitions or partnerships, and greenfield projects to reach a 2,000...
Iran is looking to explore areas of investment and cooperation in the Philippines’ energy sector as part of establishing better economic relations with the country. In a courtesy call with Finance Secretary Carlos...
Mining firms in the country welcomed the Office of the Ombudsman’s decision to crack down on illegal mining operations. Environmental Ombudsman Gerard Mosquera said after closing illegal dumpsites, they will partner with...
SPC Power Corp. is urging the Supreme Court to reconsider its decision to award the 153.1-megawatt (MW) Naga Power Plant Complex (NPPC) in Cebu to Aboitiz Power Corp. unit Therma Power Visayas,...
Wholesale Electricity Spot Market (WESM) rates by end-September were down by nearly half due to sufficient supply and cooler temperatures. The Philippine Electricity Market Corp. (PEMC) reported a considerable dip in the final effective...
